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The Blockchain Group increased its capital by nearly 6 million euros to advance its Bitcoin asset management strategy.
According to monitoring, the European listed company The Blockchain Group will carry out a capital increase at a price of approximately 3.95 euros per share based on the "ATM type" capital increase agreement signed with TOBAM, totaling about 1.1 million euros. In addition, the board of directors decided on July 14 to carry out a capital increase of approximately 5 million euros, with a price of about 4.01 euros per share, fully subscribed by Adam Back. The raised funds will be used to continue advancing its Bitcoin asset management company strategy.